Stocks edged higher on Tuesday as Wall Street awaited progress in Washington over the ongoing US government shutdown, now entering its second week. The S&P 500 and Nasdaq Composite each gained 0.1%, while the Dow Jones Industrial Average advanced 106 points, or 0.2%. Expectations that the government would reopen on Monday were dashed after the […]
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On Tuesday, the US saw significant developments, as Tesla introduced lower-cost versions of its Model 3 sedan and Model Y SUV to counter slowing sales, while Canada and the United States held a high-profile yet inconclusive trade meeting in Washington. In the United States, Attorney General Pam Bondi faced questions over the handling of Epstein-related […]
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Tesla stock rose over 7% on Friday, lifted by renewed investor optimism despite concerns over weak sales, stretched valuations, and Chief Executive Elon Musk’s strategic shift toward artificial intelligence and robotics. The rally marked a sharp reversal for the Tesla stock that has struggled this year, weighed down by the lack of new vehicle launches […]
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Tesla shareholders will vote this November on a proposal urging the company to invest in Elon Musk’s AI startup, xAI, as part of ongoing discussions about the automaker’s long-term strategy. The proposal, submitted by Stephen Hawk, a 56-year-old psychiatrist and long-time Tesla investor, highlights growing shareholder interest in aligning Tesla’s resources with Musk’s broader AI […]
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Tesla Inc. entered the spotlight again as Chief Executive Officer Elon Musk purchased about $1 billion worth of shares in the company, according to a regulatory filing. The stock purchase, made indirectly through a trust, came at a time when the company is facing intense debate over Musk’s potential pay package, which could reach upwards […]
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There are signs of a crypto bull run as Bitcoin and top altcoins bounced back. Bitcoin price jumped to $115,000 for the first time in weeks. Zcash jumped by 27% in the last 24 hours to $364, while Pi Network and Dash jumped by 15% and 22%, respectively. The market capitalization of all cryptocurrencies jumped […]
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Bitcoin (BTC), Ethereum (ETH), and other leading cryptocurrencies extend their gains on Monday following a positive weekend. Bitcoin added over 3% to its value in the last 24 hours to briefly hit the $116k mark earlier today. The positive performance comes amid improving market sentiment, with top analysts now expecting further gains in the coming […]
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The cryptocurrency market has experienced a notable resurgence, with gains for top assets such as Bitcoin, Ethereum and XRP, coming amid significant capital inflows into digital asset investment products. According to the latest CoinShares Digital Asset Fund Flows weekly report, the sector recorded over $921 million in net inflows last week. This marks a comeback […]
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Spanish carrier Air Europa has repaid in advance a €475 million ($505 million) loan granted by Spain’s Strategic Companies Solvency Support Fund (FASEE), which is managed by state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI). SEPI also said that the airline paid the corresponding interest on the EUR 1 billion loan. According to the Spanish news […]
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In its largest carbon removal commitment to date, Google has partnered with Brazilian startup Mombak to finance the restoration of the Amazon rainforest, securing high-quality carbon credits to offset the substantial emissions generated by its energy-intensive data centers. The deal, according to the companies, is expected to offset 200,000 metric tons of carbon emissions, Reuters […]
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